Core Insights - RLI Corp. reported fourth-quarter 2024 operating earnings of 41 cents per share, missing the Zacks Consensus Estimate by 14.5% and reflecting a 46.8% decrease from the prior-year quarter [1] - The quarterly results were influenced by higher premiums and improved investment income, but were partially offset by increased expenses and poor underwriting income [1] Operational Performance - Operating revenues for the quarter were $436 million, up 15.3% year over year, driven by higher net premiums earned and net investment income, matching the Zacks Consensus Estimate [2] - Gross premiums written increased 9% year over year to $473.2 million, attributed to strong performance in the Casualty segment, which rose 18.3% [2] Investment Income and Expenses - Net investment income rose 19% year over year to $38.8 million, exceeding both the Zacks Consensus Estimate and the company's estimate of $38.1 million [3] - Total expenses increased 29.6% year over year to $379.2 million, primarily due to higher loss and settlement expenses, policy acquisition costs, and interest expense on debt [3] Underwriting Performance - Underwriting income decreased 62.8% year over year to $22.2 million, with the combined ratio deteriorating by 1,170 basis points to 94.4 [4] Full-Year Highlights - For the full year, operating earnings were $2.87 per share, up 16.2% from the prior year [5] - Operating revenues totaled $1.7 billion, an 18% increase year over year, with net premiums earned rising 17.9% to $1.53 billion [5] - Underwriting income increased 21.6% to $210.7 million, with the combined ratio improving by 40 basis points to 86.2 [5] Financial Update - RLI ended the quarter with total investments and cash of $4.1 billion, an 11.1% increase from the end of 2023 [6] - Book value per share was $16.59 as of December 31, 2024, up 7.1% from the previous year [6] - Net cash flow from operations was $560.2 million, a 21% year-over-year increase [6] - The statutory surplus rose 17.6% to $1.8 billion as of December 31, 2024 [6] - Return on equity was 21.7%, down 640 basis points from the year-ago period [6] Dividend Update - RLI paid a special dividend of $2.00 per share for the fourth quarter, with total shareholder returns amounting to $183.5 million [7] - The company has consistently paid dividends for 194 consecutive quarters and has increased regular dividends for the last 49 years [7][8] Industry Comparison - The Travelers Companies reported fourth-quarter 2024 core income of $9.15 per share, beating the Zacks Consensus Estimate by 39.3% and improving 30.5% year over year [10] - Travelers' total revenues increased 10.4% year over year to $11.9 billion, surpassing the Zacks Consensus Estimate by 1% [10]

For the quarter ended December 2024, RLI Corp. (RLI) reported revenue of $435.95 million, up 15.2% over the same period last year. EPS came in at $0.41, compared to $0.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $436.37 million, representing a surprise of -0.10%. The company delivered an EPS surprise of -14.58%, with the consensus EPS estimate being $0.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

RLI Corp. (RLI) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.58%. A quarter ago, it was expected that this specialty insurance company would post earnings of $0.49 per share when it actually produced earnings of $0.66, delivering a surprise of 34.69%.Over the last four quarters ...

EXHIBIT 99.1 RLI REPORTS FOURTH QUARTER AND YEAR-END 2024 RESULTS PEORIA, ILLINOIS, January 22, 2025 – RLI Corp. (NYSE: RLI) – RLI Corp. reported fourth quarter 2024 net earnings of $40.9 million ($0.44 per share), compared to $114.6 million ($1.24 per share) for the fourth quarter of 2023. Operating earnings(1) for the fourth quarter of 2024 were $38.4 million ($0.41 per share), compared to $71.1 million ($0.77 per share) for the same period in 2023. On January 15, 2025, RLI executed a two-for-one stock sp ...

RLI Corp. (RLI) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Jan. 16, 2025, was $77.83, down 14.6% from its 52-week high of $91.14.The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.With a market capitalization of $7.13 billion, RLI is set to gain from business expansion, rate increase, ...

In its upcoming report, RLI Corp. (RLI) is predicted by Wall Street analysts to post quarterly earnings of $0.95 per share, reflecting a decline of 38.3% compared to the same period last year. Revenues are forecasted to be $436.37 million, representing a year-over-year increase of 15.3%.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...

Wall Street expects a year-over-year decline in earnings on higher revenues when RLI Corp. (RLI) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 22. On ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering RLI Corp. (RLI) , which belongs to the Zacks Insurance - Property and Casualty industry.This specialty insurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 30.54%.For the last reported quarter, RLI Corp. Came out with ...

Shares of RLI Corp. (RLI) have gained 17.9% in six months, outperforming the industry’s 11.4% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector’s return of 11.1% and 8.1%, respectively, in six months. With a market capitalization of $7.64 billion, the average volume of shares traded in the last three months was 0.1 million.RLI Outperforms Industry, Sector, S&P in 6 MonthsImage Source: Zacks Investment ResearchThis property and casualty insurer has a solid track record ...

It has been about a month since the last earnings report for RLI Corp. (RLI) . Shares have added about 9.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is RLI Corp. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. RLI's Stock Gains Following Q3 Earnings and Revenue ...